The daily chart for Bitcoin shows that after a rapid rebound from the low point of 109189.99 on September 28 to around 114400, it has entered a phase of high-level consolidation. The chart first recorded a long lower shadow bullish candle, followed by two consecutive days of small-bodied candles, indicating that the bullish strength has weakened.
Looking at the indicators again, in the 4-hour MACD level, both the DIF and DEA averages are maintaining an upward trend, but the histogram is gradually shortening, indicating that bullish momentum is continually weakening; additionally, the daily trading volume is also gradually shrinking, further confirming the lack of upward momentum. In summary, it is recommended to rely on high positions to lay out short positions during the day. Operation Suggestions: The target range for Bitcoin is between 114400-114800, with a downward target near 112100-112600. Near 4220-4250, the target looks down to 4110-4140 #GatePerpDEX正式上线 #成长值抽奖赢iPhone17和周边 #加密市场反弹
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9.30 Afternoon Analysis:
The daily chart for Bitcoin shows that after a rapid rebound from the low point of 109189.99 on September 28 to around 114400, it has entered a phase of high-level consolidation. The chart first recorded a long lower shadow bullish candle, followed by two consecutive days of small-bodied candles, indicating that the bullish strength has weakened.
Looking at the indicators again, in the 4-hour MACD level, both the DIF and DEA averages are maintaining an upward trend, but the histogram is gradually shortening, indicating that bullish momentum is continually weakening; additionally, the daily trading volume is also gradually shrinking, further confirming the lack of upward momentum. In summary, it is recommended to rely on high positions to lay out short positions during the day.
Operation Suggestions:
The target range for Bitcoin is between 114400-114800, with a downward target near 112100-112600.
Near 4220-4250, the target looks down to 4110-4140 #GatePerpDEX正式上线 #成长值抽奖赢iPhone17和周边 #加密市场反弹